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2022
Exports $30.2MWorld Rnk 24 / 180
Flag Rnk 456 / 1212
2022
Destination $1.15M Norway
2021 - 2022
FASTEST GROWING MARKET $1.15MUnited States
2022
PRODUCT COMPLEXITY IN Tufted Carpets0.096Rnk 524 / 1025
2022
Imports $120MWorld Rnk 15 / 215
Flag Rnk 283 / 1213
2022
Origin $5.12M Netherlands
2021 - 2022
FASTEST GROWING ORIGIN $5.12MPoland
2022
ECONOMIC COMPLEXITY of Sweden1.49Rnk 9 / 133

About

Exports In 2022, Sweden exported $30.2M in Tufted Carpets, making it the 24th largest exporter of Tufted Carpets in the world. At the same year, Tufted Carpets was the 456th most exported product in Sweden. The main destination of Tufted Carpets exports from Sweden are: Norway ($13.2M), Finland ($3.72M), Denmark ($3.12M), United States ($2.13M), and Germany ($1.27M).

The fastest growing export markets for Tufted Carpets of Sweden between 2021 and 2022 were United States ($1.15M), Norway ($863k), and Finland ($455k).

Imports In 2022, Sweden imported $120M in Tufted Carpets, becoming the 15th largest importer of Tufted Carpets in the world. At the same year, Tufted Carpets was the 283rd most imported product in Sweden. Sweden imports Tufted Carpets primarily from: Netherlands ($31.8M), Belgium ($16.1M), Poland ($11.8M), China ($11.5M), and India ($10.1M).

The fastest growing import markets in Tufted Carpets for Sweden between 2021 and 2022 were Poland ($5.12M), Belgium ($2.41M), and India ($2.19M).

Latest Trends

May 2024

About

Overview In May 2024 Sweden's Tufted Carpets exports accounted up to SEK11.1M and imports accounted up to SEK11.1M, resulting in a positive trade balance of SEK8k. Between May 2023 and May 2024 the exports of Sweden's   Tufted Carpets have increased by SEK1.24M (12.6%) from SEK9.87M to SEK11.1M, while imports decreased by SEK-2.75M (-19.8%) from SEK13.8M to SEK11.1M.

Destinations In May 2024, Tufted Carpets were exported mostly to Norway (SEK1.92M), Germany (SEK1.55M), Poland (SEK1.15M), United Kingdom (SEK740k), and France (SEK632k), and were imported mostly from India (SEK5.08M), Netherlands (SEK1.97M), Belgium (SEK1.25M), Germany (SEK752k), and Iran (SEK422k).

Growth In May 2024, the increase in Tufted Carpets's year-by-year exports was explained primarily by an increase in exports to Germany (SEK916k or 304%), Poland (SEK889k or 946%), and France (SEK851k or 498%). In May 2024, the decrease in Tufted Carpets's year-by-year imports was explained primarily by a decrease in imports from China (SEK-1.05M or -83.2%), Bangladesh (SEK-690k or -98%), and Turkey (SEK-312k or -55.9%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (May 2023 - May 2024)SEK1.24M(12.6%)
IMPORT GROWTH (May 2023 - May 2024)SEK-2.75M(-19.8%)
MAIN EXPORTER (May 2024)undefined13M
MAIN DESTINATION (May 2024)NorwaySEK1.92M

This section shows Tufted Carpets's exports and imports data at subnational level for Sweden. Click any date in the line plot, any subnational region in the geomap, or any destination or origin country to explore the exports or imports behavior of Tufted Carpets over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$30.2M
IMPORTS (2022)$120M
NET TRADE (2022)-$89.7M

In 2022, Sweden exported $30.2M in Tufted Carpets. The main destinations of Sweden exports on Tufted Carpets were Norway ($13.2M), Finland ($3.72M), Denmark ($3.12M), United States ($2.13M), and Germany ($1.27M).

In 2022, Sweden imported $120M in Tufted Carpets, mainly from Netherlands ($31.8M), Belgium ($16.1M), Poland ($11.8M), China ($11.5M), and India ($10.1M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Tufted Carpets EXPORT MARKETS FOR Sweden WERE (2021 - 2022):
United States$1.15M (117%)
Norway$863k (6.98%)
Finland$455k (13.9%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Tufted Carpets BY Sweden WERE (2021 - 2022):
Denmark-$916k (-22.7%)
United Kingdom-$485k (-56.4%)
Malaysia-$325k (-34.1%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Sweden's main exporting competitors in Tufted Carpets were:
China $1.51B
Netherlands $933M
Belgium $844M
In 2022, Sweden's main importing competitors in Tufted Carpets were:
United States $1.05B
United Kingdom $793M
Germany $526M

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Trade Value of Tufted Carpets by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $1.55M
TOP IMPORT POTENTIALChina+ $4.26M

Tufted Carpets’s highest export potential is United States. With an export gap of $1.55M.   Tufted Carpets’s highest import potential is China with an import gap of $4.26M.

See methodology.

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